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Viridian Therapeutics price target raised to $34 from $30 at RBC Capital

RBC Capital raised the firm’s price target on Viridian Therapeutics (VRDN) to $34 from $30 and keeps an Outperform rating on the shares after its Q1 results. On ele’, RBC thinks the result is a win for Viridian’s subQ program as a 35%-39% delta beat its expectations of 20%-30%, and demonstrated ele’ could perform on par with IV Tepezza and Veli’ in chronic TED, the analyst tells investors in a research note.

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